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The commercial large format display signage market share is expected to increase by USD 2.90 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.82%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this market research report covers market segmentation by application (indoor and outdoor) and geography (North America, APAC, Europe, Middle East and Africa, and South America).
The commercial large format display signage market report also offers information on several market vendors, including AU Optronics Corp., Barco NV, Daktronics Inc., Deepsky Corp. Ltd., Delta Electronics Inc., Hyundai IT Co. Ltd., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Planar Systems Inc., Qisda Corp., Retop LED Display Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., Shenzhen AOTO Electronics Co. Ltd., Sony Group Corp., TPV Technology Co. Ltd., Vtron Group Co. Ltd., YFY Inc., and Zhejiang Dahua Technology Co. Ltd. among others.
auo.com - The company offers commercial large format display signage such as Smart Shelf Display, Stretched Display, UHD Super Slim Signage, Open Frame Display, Window Facing Digital Signage, and LED Video Wall. The display segment focuses on research, development, design, manufacturing and sale of flat panel displays and most of the products are TFT LCD panels.
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Technavio categorizes the global commercial large front display (LFD) signage market as a part of the global electronic equipment and instruments market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial large format display signage market during the forecast period.
Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The advent of direct-view LED displays is notably driving the commercial large format display signage market growth, although factors such as the growing popularity of digital marketing may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Commercial Large Format Display Signage Market Driver
Key Commercial Large Format Display Signage Market Trend
Key Commercial Large Format Display Signage Market Challenge
This commercial large format display signage market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Our In-house experts produce extensive information on the value chain and parent market of the commercial large format display signage market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
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33% of the market's growth will originate from North America during the forecast period. The US is the key market for commercial large format display signage in North America. However, market growth in this region will be slower than the market growth in other regions.
The significant increase in investments in R&D by large players and the presence of a proper regulatory framework for providing optimum quality LFDs will facilitate the commercial large format display signage market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The commercial large format display signage market share growth by the indoor segment will be significant during the forecast period. These indoor LFDs have gained high popularity owing to the benefits associated with deploying them in indoor spaces, such as convenience for end-users, safety, and greater lifespan, which are generally residents or office employees.
This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial large format display signage market size and actionable market insights on the post-COVID-19 impact on each segment.
Commercial Large Format Display Signage Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.82% |
Market growth 2022-2026 |
USD 2.90 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.3 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key countries |
US, Japan, China, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AU Optronics Corp., Barco NV, Daktronics Inc., Deepsky Corp. Ltd., Delta Electronics Inc., Hyundai IT Co. Ltd., LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Planar Systems Inc., Qisda Corp., Retop LED Display Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., Shenzhen AOTO Electronics Co. Ltd., Sony Group Corp., TPV Technology Co. Ltd., Vtron Group Co. Ltd., YFY Inc., and Zhejiang Dahua Technology Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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